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BOJ wants inflation and a positive economic cycle - BOJ’s Kuroda

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    More comments flowing in from the BOJ Chief Kuroda via Reuters and Bloomberg, as he responds in the Q & A session:

    BOJ policy is aimed at price stability target

    See high chance of 2% cpi around 1st half of fy17

    G20 understands BOJ's policy intentions

    No disagreement on BOJ policy at G20 meeting

    BOJ doesn't think its OK only for prices to rise

    BOJ wants inflation and a positive economic cycle

    Japan prices will rise with growth in wages

    Japan using not just monetary policy, but fiscal policy and structural reform measures to achieve sustainable economic growth

    Wages must continue rising steadily to hit 2% cpi

    Corporate profits rising, to support wage hikes
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